Satrix 40 ETF is an exchange traded fund launched by Satrix Managers (RF) Proprietary Limited. The fund is managed by Sanlam Investment Management (Pty) Ltd. It invests in the public equity markets of South Africa. The fund seeks to invest in the stocks of companies operating in resources, industrial, retail, telecommunication, and financial sectors. It invests in the stocks of large-cap companies. The fund seeks to replicate the performance of the FTSE/JSE Top 40 Index, by investing in the stocks of companies as per their weightings in the index. Satrix 40 ETF was formed on November 9, 2000 and is domiciled in South Africa.
Frequently asked questions
What is the Satrix 40 ETF (STX40) expense ratio?
The Satrix 40 ETF funds expense ratio is 0.01%.
What is Satrix 40 ETF (STX40) current stock price?
As of the latest data, Satrix 40 ETF stock price is ZAR 105.98, with a previous close of ZAR 106.74. Satrix 40 ETF lost -ZAR 0.76 in the last trading session, representing a -0.71% loss.
Does Satrix 40 ETF (STX40) pay dividends?
Yes. Satrix 40 ETF pays quarterly dividends with an annualized yield of 3.1% and an estimated annual payout of ZAR 3.29 per share.
